There is no proposal to modify income tax returns forms, finance ministry sources clarified when asked to comment on news reports that the purported statement of financial transactions expansion would result in the filing of high-value financial transactions in ITR by the taxpayers themselves.
The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
Australian all-rounder Marcus Stoinis revealed the key to getting his side over the line in a nervy Super 12 run chase against South Africa in the ongoing T20 World Cup was keeping his cool under pressure.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
The Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people while swimming pools have been permitted for use by all in fresh COVID-19 reopening guidelines.
'If deaths had been properly reported, it would have helped contain the pandemic.'
ISRO needs next generation launchers and new facilities to manufacture and launch them.
Who do you think should be part of India's playing XI for the second ODI against South Africa?
The government on Wednesday notified its decision to permit 100 per cent foreign direct investment (FDI) under automatic route in the telecom services sector. In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020. Accordingly, cases requiring prior government approval under the provisions of Press Note 3 will continue to be in place.
US tech giant Microsoft is in the final stages of talks with the Telangana government to set up a data centre with a total investment of Rs 15,000 crore. According to sources in the state government, the company has zeroed in on a land parcel near Hyderabad for the facility. "In the information technology (IT) space, Telangana is already seeing some major investments. "Microsoft is establishing its data centre here, and it may come out with a public announcement soon," said a source.
'If you are doing something to our national democratic space which involves serious amounts of land, the public should have been consulted.'
A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.
Special Police Officer Bilal Ahmad Magray of the J&K Police was a daredevil who sacrificed his life in the line of duty. His mother received the Shaurya Chakra with grief and pride.
Shaking Delhi's spirit and soul, an unimaginable tragedy is unfolding at New Delhi's crematoriums struggling to cope with the deluge of the dead arriving at frightening pace.
Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.
The BCCI on Monday shared a clip of the team's gym session on Twitter.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'I am helpless and there is no one to help me.' 'I have been on this platform since Saturday.'
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
If lodged in the barrack, Modi is likely to get three square metre personal space and he will be provided a cotton mat, pillow, bed-sheet and blanket.
"Throughout our history we've learned this lesson -- when dictators do not pay a price for their aggression, they cause more chaos. They keep moving. And, the costs and threats to America and the world keep rising," Biden said addressing the joint session of the Congress in his first State of the Union.
'I have always believed that life doesn't get easier or more forgiving; we only get stronger and more resilient.'
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Keep cover letters under one page long, advises Ajay Singh, head, people services, Quess Corp.
Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency.
The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one general insurance company, in the next fiscal year beginning April 1. The amount is lower than the record Rs 2.10 lakh crore which was budgeted to be raised from CPSE disinvestment in the current fiscal year. However, the COVID-19 pandemic impacted the government's CPSE stake sale programme, and the target has been lowered to Rs 32,000 crore in the Revised Estimates.
The Chinese military on Thursday said it has conducted precision strikes over the Taiwan Strait and 'expected results' were achieved, in apparent retaliation to the United States House Speaker Nancy Pelosi's visit to Taipei disregarding Beijing's vociferous warnings.
As we celebrate the actor's much deserved award, Divya Nair presents 10 landmark films in Suriya's career, ranked in order of performance.
The department for promotion of industry and internal trade (DPIIT) has suggested to the home ministry to allow limited activity in certain sectors such as heavy electricals and telecom equipment with reasonable safeguards. In a letter to Home Secretary Ajay Kumar Bhalla, the department said that these activities are essential to improve the economic situation and provide liquidity in the hands of the people.
In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with commercial banks. In the large exposure framework released on Tuesday, the regulator capped aggregrate exposure of NBFCs which are in the upper layer toward one entity at 20 per cent of capital base. The limit can only be extended by another 5% with board's approval. For a particular borrower group, the cap is at 25 per cent, with additional 10 per cent if exposure is towards infrastructure.
Captain Hardik Pandya led from the front with both bat and ball to guide Gujarat Titans to the IPL title in their debut season, after they beat by seven wickets in the final in Ahmedabad on Sunday.
Earlier, the guidelines for reopening activities issued on September 30 were to be in force till October 31.
In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.
The Indian players will get a 20-day break from the bio-bubble life in the UK after the completion of the ICC World Test Championship final against New Zealand, to be played in Southampton from June 18 to 22.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
Cartosat-3 satellite is a third-generation agile advanced satellite having high-resolution imaging capability.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
The move will boost the government's revenue at a time when Delhi's economy is struggling in view of the Covid-induced lockdown that has been in place since April 19.
The Taliban is showing its strong discontent as the high hopes given to it by the Pakistani military have been dashed, observes Ambassador M K Bhadrakumar.
